RE: 3p +19 Feb 2024 19:04
LTT, Darwin CAPEX is fully costed including appraisal at USD 640 Million, not sure if anyone has to say anymore about this and we are fully cashed up for at least 12-18 months. RKH pre oil Capex is USD 1.3 Billion because you need to drill a lot more wells (11 pre oil). BOR just needs the 2 production wells to pump 26,000 barrels a day. RKH needs 18 wells and a total of 1.8billion dollars total Capex to pump 80k a day whilst BOR will only need 6 producers for the same 80k. I think BOR is a different economic proposition entirely. I go for number 2 out of your 1,2,3.